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GlaxoSmithKline settles fraud charges for $3 billion [View all]
Source: Reuters
(Reuters) - GlaxoSmithKline Plc has agreed to plead guilty to criminal charges and pay $3 billion to settle the largest case of healthcare fraud in U.S. history, according to court filings and prosecutors.
The settlement includes $1 billion in criminal fines and $2 billion in civil fines in connection with the sale of the drug company's Paxil, Wellbutrin and Avandia products.
Read more: http://www.reuters.com/article/2012/07/02/us-glaxo-settlement-idUSBRE8610S720120702
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